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sPhantom Auto Trader
in
Trading Systems
Feb 01, 2014 at 10:04
Most of these systems' high winning rates are achieved by using huge stoploss or no stop loss. If you lower the risks/stoploss, you will get them filled lot more often than before the change.
sPhantom Auto Trader
in
Trading Systems
Jan 31, 2014 at 20:58
Most of the top traders in Zulu are doing the same, scalp for a few pip profit and use no stop loss or very huge stop loss. When you do that, you 'll get higher probability or winning rate, but when the stop loss gets hit , it 'll burn your account.
sPhantom Auto Trader
in
Trading Systems
Jan 31, 2014 at 20:54
I don't think this was done on purpose. These kinds of systems with stoploss 25 times bigger than profit is doomed to fail sooner or later. It's just a matter of time. It's not very often that the 250 pip stop gets hit , but in time it will.
sPhantom Auto Trader
in
Trading Systems
Jan 31, 2014 at 14:06
I would not consider buying any EA that has a risk / reward ratio higher than 1 : 1.
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